52-Week High and Volume Breakout Stock Screening

Summary

This long-only screening strategy looks for prices near their rolling 52-week high, unusually high volume relative to a 50-day average, and a price change below a specified limit. The stated defaults place the proximity threshold within 10% of the high and set the volume threshold at 1.5 times average volume; daily and weekly or monthly charts use different price-change limits. The intended signal is that strength near an annual high, accompanied by increased trading activity, may precede an upward move.

The document describes configurable criteria and suggests adding trend confirmation, exits, short signals, or fundamental screens. It provides a BTC/USDT futures backtest configuration despite describing the approach as a stock strategy, and gives no performance results. The source calculates the 52-week range from closing prices, rather than highs and lows, and its price-change test applies an upper bound without an absolute-move check. False breakouts, slow reactions, overtrading, and falling-market exposure remain material limitations.

Key ideas

• The entry signal combines proximity to a rolling annual high, elevated volume, and a capped price change.
• The described defaults use a 10% high-proximity threshold and volume above 1.5 times a 50-day average.
• The source calculates the annual range from closing prices and limits price change only from above.
• Although framed as a stock screen, the published backtest configuration is for BTC/USDT futures.
• The document reports no results and identifies false breakouts, overtrading, and long-only exposure as risks.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.